Civic Intelligence

Kentucky Golf Foundation Inc

990 • Fiscal year 2020 • EIN 02-0661784

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 09, 2021

Organization ProfileKYGOLF.ORG
1116 Elmore Just DriveLouisville, KY 40245

(502) 243-8295

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

66th percentile

0.24x

Higher debt load relative to assets than 66% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

81st percentile

0.71x

Higher debt load relative to revenue than 81% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

59th percentile

10%

Higher net margin than 59% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

83rd percentile

$148,895

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 32.0% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

41st percentile

2.7%

Faster asset growth than 41% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

24th percentile

-19%

Faster revenue growth than 24% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets66th percentile

Assets

Up

$1,353,971

Up $35,870 (+2.7%) from 2019

Net Assets

Up

$1,024,788

Up $52,237 (+5.4%) from 2019

Liabilities

Down

$329,183

Down $16,367 (-4.7%) from 2019

Revenue And Expenses
Liabilities / Revenue81st percentileNet Margin59th percentile

Revenue

Down

$464,838

Down $106,103 (-19%) from 2019

Expenses

Down

$417,905

Down $103,595 (-20%) from 2019

Net Income

Down

$46,933

Down $2,508 (-5.1%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth41st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,552,100Liabilities 2011: $754,237Net Assets 2011: $797,8632011Assets 2012: $1,498,982Liabilities 2012: $715,008Net Assets 2012: $783,9742012Assets 2013: $1,417,678Liabilities 2013: $684,601Net Assets 2013: $733,0772013Assets 2014: $1,362,594Liabilities 2014: $454,163Net Assets 2014: $908,4312014Assets 2015: $1,305,996Liabilities 2015: $464,679Net Assets 2015: $841,3172015Assets 2016: $1,242,310Liabilities 2016: $442,857Net Assets 2016: $799,4532016Assets 2017: $1,164,121Liabilities 2017: $398,934Net Assets 2017: $765,1872017Assets 2018: $1,294,608Liabilities 2018: $377,115Net Assets 2018: $917,4932018Assets 2019: $1,318,101Liabilities 2019: $345,550Net Assets 2019: $972,5512019Assets 2020: $1,353,971Liabilities 2020: $329,183Net Assets 2020: $1,024,7882020Assets 2021: $1,342,781Liabilities 2021: $42,353Net Assets 2021: $1,300,4282021Assets 2022: $1,408,607Liabilities 2022: $74,792Net Assets 2022: $1,333,8152022Assets 2023: $1,483,282Liabilities 2023: $48,631Net Assets 2023: $1,434,6512023Assets 2024: $1,863,595Liabilities 2024: $67,280Net Assets 2024: $1,796,3152024

Highlighted filing

2020

Assets$1,353,971
Liabilities$329,183
Net Assets$1,024,788
Open 2020 Filing

Operations Trend

Revenue Growth24th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2011: $139,155Expenses 2011: $178,178Net Income 2011: -$39,0232011Revenue 2012: $159,871Expenses 2012: $170,299Net Income 2012: -$10,4282012Revenue 2013: $226,486Expenses 2013: $279,073Net Income 2013: -$52,5872013Revenue 2014: $574,187Expenses 2014: $398,360Net Income 2014: $175,8272014Revenue 2015: $313,454Expenses 2015: $381,867Net Income 2015: -$68,4132015Revenue 2016: $412,730Expenses 2016: $455,416Net Income 2016: -$42,6862016Revenue 2017: $417,607Expenses 2017: $453,448Net Income 2017: -$35,8412017Revenue 2018: $752,971Expenses 2018: $604,939Net Income 2018: $148,0322018Revenue 2019: $570,941Expenses 2019: $521,500Net Income 2019: $49,4412019Revenue 2020: $464,838Expenses 2020: $417,905Net Income 2020: $46,9332020Revenue 2021: $842,093Expenses 2021: $566,453Net Income 2021: $275,6402021Revenue 2022: $681,587Expenses 2022: $648,200Net Income 2022: $33,3872022Revenue 2023: $909,398Expenses 2023: $808,562Net Income 2023: $100,8362023Revenue 2024: $1,553,075Expenses 2024: $1,191,411Net Income 2024: $361,6642024

Highlighted filing

2020

Revenue$464,838
Expenses$417,905
Net Income$46,933
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 9, 2021
Return Version
2020v4.1
Gross Receipts
$530,146
Mission and Program Overview

Mission

Through the framework of the greatest game ever played, the kentucky golf foundation seeks to impact kentucky's youth, military and those of diversity using golf as a toolkit.

To impact kentucky's youth, military and those of diversity using golf as a toolkit.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$972,551$1,024,788▲ $52,237
Land, Buildings, and Equipment, Net$942,702$906,651▼ $36,051
Cash and Non-Interest-Bearing Accounts$326,378$413,344▲ $86,966
Investments in Publicly Traded Securities$17,633$27,306▲ $9,673
Accounts Receivable$31,362$2,013▼ $29,349
Savings and Temporary Cash Investments$26--
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$1,318,101$1,353,971▲ $35,870
Other Assets Total-$4,657-
Liabilities
Mortgage Notes Payable Secured by Investment Property$333,444$303,662▼ $29,782
Accounts Payable and Accrued Expenses$7,708$22,231▲ $14,523
Other Liabilities$4,398$3,290▼ $1,108
Total Liabilities$345,550$329,183▼ $16,367
Net Assets / Fund Balance
Total Net Assets Fund Balance$972,551$1,024,788▲ $52,237
Total Liabilities and Net Assets / Fund Balance$1,318,101$1,353,971▲ $35,870

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$838,524$476,140$1,314,664
Other Land Buildings$7,459$188,250$195,709
Land$60,668-$60,668
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleBaseOtherTotal
Jeff AdkersonExecutive Director-$148,895$148,895
Jim ThompsonDirector$3,465$1,485$4,950
Dave NicholasVice President-$2,145$2,145
Dean TerryDirector$1,155$825$1,980

Board Members and Trustees

NameTitle
Pete GarveyPresident
Chad MartinDirector
Craig HeibertDirector
Danny BaronDirector
Jimmy KirschdorferDirector
Phil ArmbrusterDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$191,798
Program Service Revenue
$277,427
Investment Income
$4,376
Other Revenue
$-8,763
All Other Contributions
$118,635
Change in Net Assets
$46,933
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$400,147
Grants and Similar Amounts Paid$17,758
Total Fundraising Expense$766
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$36,051--$36,051
Interest$15,330--$15,330
Grants to Domestic Individuals$14,008--$14,008
Office Expenses$13,061$387-$13,448
Occupancy$8,011--$8,011
Other Expenses$7,890--$7,890
All Other Expenses$7,671--$7,671
Insurance$6,500--$6,500
Grants to Domestic Orgs$3,750--$3,750
Fees for Services Accounting-$3,415-$3,415
Fees for Services Management-$2,000-$2,000
Advertising$820-$766$1,586
Conferences and Meetings$30--$30
Total Functional Expenses$411,337$5,802$766$417,905
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$65,308
Fundraising Gross Income$55,618
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Pga Yoc Pro-am$110,300$48,271$9,341$38,930
Total Events$110,300$48,271$64,807$-16,536
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Kga-pga$3,261
Due to Kga$29

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACounty of Shelby Kentucky2005-12-30$549,000Construction of golf house kentucky.

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$549,000-$245,737-

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“Executive director reviews in detail. If any concerns are noted on the 990 by the executive director, they are brought to the board of directors' attention.”

Form 990, Part VI, Section B, Line 12C

“President and executive director review the conflict of interest policy quarterly to ensure compliance.”

Form 990, Part VI, Section C, Line 19

“The organization allows public review of its governing documents, conflict of interest policy and financial statements upon request during regular business hours.”

Filing and Contact Details

Filer

Filer Name
Kentucky Golf Foundation Inc
EIN
02-0661784
Phone
5022438295
Address
1116 ELMORE JUST DRIVE, LOUISVILLE, KY 40245

Signing Officer

Name
Jeff Adkerson
Title
Executive Director
Phone
5022438295
Signed
2021-11-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jeff Adkerson
Formed
2002
Legal Domicile
Ky
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
19

Preparer

Firm
Deming Malone Livesay & Ostroff Psc
Address
9300 SHELBYVILLE RD STE 1100, LOUISVILLE, KY 40222-5187
Preparer
Christine N Koenig
Phone
5024269660
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt04657
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0JUNIOR GOLF EXPENSES
IRS990/OtherExpensesGrp/Desc1YOUTH ON COURSE EXPENSE
IRS990/OtherExpensesGrp/Desc2PGA HOPE PROGRAM
IRS990/OtherExpensesGrp/Desc3ALLIED EXPENSE
IRS990/OtherExpensesGrp/ProgramServicesAmt0228651
IRS990/OtherExpensesGrp/ProgramServicesAmt161600
IRS990/OtherExpensesGrp/ProgramServicesAmt27964
IRS990/OtherExpensesGrp/ProgramServicesAmt37890
IRS990/OtherExpensesGrp/TotalAmt0228651
IRS990/OtherExpensesGrp/TotalAmt161600
IRS990/OtherExpensesGrp/TotalAmt27964
IRS990/OtherExpensesGrp/TotalAmt37890
IRS990/OtherLiabilitiesGrp/BOYAmt04398
IRS990/OtherLiabilitiesGrp/EOYAmt03290
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISC
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0927
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0927
IRS990/OtherRevenueTotalAmt0927
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt00
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JEFF ADKERSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0TOURNAMENT SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1BUILDING SUPPORT
IRS990/ProgramServiceRevenueGrp/Desc2AUTO SUPPORT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0229307
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt143200
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24920
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0229307
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt143200
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24920
IRS990/ProgSrvcAccomActy2Grp/Desc0KENTUCKY GOLF HOUSE MUSEUM AND HALL OF FAME - TO SUPPORT THESE FACILITIES AND SERVICES TO HONOR INDIVIDUALS IN KENTUCKY WITH SIGNIFICANT ACHIEVEMENTS AND ACCOMPLISHMENTS IN VARIOUS AREAS OF GOLF.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0695
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt00
IRS990/ProgSrvcAccomActy3Grp/Desc0PGA HOPE PROGRAM - TO PROVIDE GOLF AS A THERAPEUTIC REHABILITATION TOOL FOR ALL MILITARY VETERANS.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt07964
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0220995
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt014996
IRS990/PYInvestmentIncomeAmt039
IRS990/PYOtherExpensesAmt0506504
IRS990/PYOtherRevenueAmt0-42619
IRS990/PYProgramServiceRevenueAmt0392526
IRS990/PYRevenuesLessExpensesAmt049441
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0521500
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0570941
IRS990/QuidProQuoContributionsInd01
IRS990/QuidProQuoContriDisclInd01
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt046933
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0278354
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0972551
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt01024788
IRS990/SavingsAndTempCashInvstGrp/BOYAmt026
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0191798
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0220995
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0261902
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0109060
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0162191
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0945946
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt04376
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt039
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt058
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt089
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0369
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt04931
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt01880461
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.71810
IRS990ScheduleA/PublicSupportPY170Pct00.78080
IRS990ScheduleA/PublicSupportTotal170Amt0682791
IRS990ScheduleA/SubstantialContributorsTotAmt0263155
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0191798
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0220995
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0261902
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0109060
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0162191
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0945946
IRS990ScheduleA/TotalSupportAmt0950877
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0838524
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0476140
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01314664
IRS990ScheduleD/LandGrp/BookValueAmt060668
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt060668
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt07459
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0188250
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0195709
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt03261
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt129
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO KGA-PGA
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1DUE TO KGA
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0906651
IRS990ScheduleD/TotalLiabilityAmt03290
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt062029
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt062029
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt064807
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0PGA YOC PRO-AM
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01718
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01718
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0110300
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0110300
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt048271
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt048271
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-16536
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt07195
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt07195
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt09341
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt09341
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt046553
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt046553
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt09008
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt15000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0TOURNMENT EXPENSES FOR JUNIOR GOLFERS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1FOUNDATION SUPPORT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt07
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt11
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PROVIDES YOUTH WITH FINANCIAL ASSISTANCE IN THE FORM OF GRANTS - GAY BREWER, JR. GRANT AND JUSTIN THOMAS GRANT. GRANT AWARDS ARE MADE TO ALLOW JUNIOR GOLFERS TO COMPETE IN JUNIOR GOLF COMPETITIONS. JUNIOR GOLFERS COMPLETE A GRANT APPLICATION. PROCEDURES ARE IN PLACE TO DETERMINE ELIGIBILITY AND USE OF FUNDS FOR TOURNAMENT EXPENSES.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1GRANT RECIPIENTS ARE REQUIRED TO FILE A USAGE REPORT WITH THE ORGANIZATION BEFORE THE ORGANIZATION WILL RELEASE THE FUNDS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE I, PART I, LINE 2
IRS990/ScheduleJRequiredInd00
IRS990ScheduleK/ProceduresCorrectiveActionGrp/BondReferenceCd0A
IRS990ScheduleK/ProceduresCorrectiveActionGrp/ProceduresCorrectiveActionInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/BondReferenceCd0A
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/ExceptionToRebateInd01
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/Form8038TFiledInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/GrossProceedsInvestedInGICInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/HedgeIdentifiedInBksAndRecInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/NoRebateDueInd00
IRS990ScheduleK/TaxExemptBondsArbitrageGrp/RebateNotDueYetInd00

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,353,971
Liabilities
$329,183
Net assets
$1,024,788
Revenue
$464,838
Expenses
$417,905
Net income
$46,933
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$0.07$1.80$1.55$1.19$0.36
2023Detailed filing. Detailed filing data is available for this year.$1.48$0.05$1.43$0.91$0.81$0.10
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$0.07$1.33$0.68$0.65$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.34$0.04$1.30$0.84$0.57$0.28
2020Detailed filing. Detailed filing data is available for this year.$1.35$0.33$1.02$0.46$0.42$0.05
2019Summary only. Only limited summary data is available for this year.$1.32$0.35$0.97$0.57$0.52$0.05
2018Summary only. Only limited summary data is available for this year.$1.29$0.38$0.92$0.75$0.60$0.15
2017Summary only. Only limited summary data is available for this year.$1.16$0.40$0.77$0.42$0.45$0.04
2016Summary only. Only limited summary data is available for this year.$1.24$0.44$0.80$0.41$0.46$0.04
2015Summary only. Only limited summary data is available for this year.$1.31$0.46$0.84$0.31$0.38$0.07
2014Summary only. Only limited summary data is available for this year.$1.36$0.45$0.91$0.57$0.40$0.18
2013Summary only. Only limited summary data is available for this year.$1.42$0.68$0.73$0.23$0.28$0.05
2012Summary only. Only limited summary data is available for this year.$1.50$0.72$0.78$0.16$0.17$0.01
2011Summary only. Only limited summary data is available for this year.$1.55$0.75$0.80$0.14$0.18$0.04